NDP transit promise could save Transpo millions

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By Jon Willing, Ottawa Sun, May 31, 2018

An NDP provincial government could pay off for city hall and OC Transpo if the party follows through on an election promise to provide more than $100 million each year to operate trains, conventional buses and Para Transit vehicles.

Transpo’s 2018 spending budget is about $563 million. The end cost to property taxpayers is projected to be $285 million after deducting revenue from transit fares and other fees. The NDP wants to evenly split that net cost with transit operators, like the city. Using the 2018 City of Ottawa transit budget, it would mean the city would save $142.5 million, money that could be used to lower fares or expand service.

http://ottawasun.com/news/local-news/ndp-transit-promise-could-save-transpo-millions-if-the-party-can-pull-it-off/wcm/61e8d5a9-c16d-4a9b-b665-4c43036f4284